STRAND + HVASS ApS — Credit Rating and Financial Key Figures

CVR number: 29154791
Jagtvej 11, 2200 København N
info@strand-hvass.com
www.strand-hvass.com

Company information

Official name
STRAND + HVASS ApS
Personnel
4 persons
Established
2005
Company form
Private limited company
Industry

About STRAND + HVASS ApS

STRAND + HVASS ApS (CVR number: 29154791) is a company from KØBENHAVN. The company recorded a gross profit of 7655.7 kDKK in 2024. The operating profit was 5160.6 kDKK, while net earnings were 6300 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. STRAND + HVASS ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 428.128 037.029 239.767 686.377 655.65
EBIT5 930.256 510.147 719.815 927.175 160.57
Net earnings4 664.767 151.533 809.846 460.406 300.05
Shareholders equity total25 168.2030 819.7334 515.1740 757.777 488.11
Balance sheet total (assets)26 248.4231 755.5035 087.4841 768.129 861.30
Net debt-20 372.78-25 620.76-29 013.53-36 365.70-3 686.58
Profitability
EBIT-%
ROA28.1 %32.0 %23.6 %22.1 %31.4 %
ROE20.2 %25.5 %11.7 %17.2 %26.1 %
ROI29.1 %33.2 %24.1 %22.5 %33.2 %
Economic value added (EVA)3 565.043 810.724 466.642 886.101 974.85
Solvency
Equity ratio95.9 %97.1 %98.4 %97.6 %75.9 %
Gearing0.0 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio21.230.455.638.22.8
Current ratio21.230.455.638.22.8
Cash and cash equivalents20 381.6125 620.7629 013.5336 365.704 292.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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